07 26 2014
  8:14 am  
     •     

SAN FRANCISCO (AP) _ San Francisco will start helping teachers and police officers make down payments on their first homes to keep them from leaving the high-cost city.
Credential teachers and police officers could receive up to $20,000 in interest-free loans to help cover the down payments.
If teachers work for the school district for 10 years, they don't have to pay back the loans.
The new city budget sets aside $1 million for teacher loans, enough to cover about 50 down payments.
Police will also be eligible for $20,000 loans as part of a new contract agreement between the city and the officers' union.
There's enough funding to cover 25 interest-free loans for police, which will be forgiven if officers work in San Francisco for five years.

Commenting Guidelines

  • Keep it clean: Please avoid obscene, vulgar, lewd, racist or sexually oriented language
  • No personal attacks: We reserve the right to remove offensive comments
  • Be truthful: Don't knowingly lie about anyone or anything
  • Be nice: No racism, sexism or any sort of -ism that is degrading to another person
  • Help us: If you see an abusive post, let us know at info@theskanner.com
  • Keep to topic: We will remove irrelevant posts and spam
  • Share with us: We'd love to hear eyewitness accounts; the history behind an article

Recently Published by The Skanner News

  • Default
  • Title
  • Date
  • Random
load morehold SHIFT key to load allload all
Energy Trust
THIS SITE WORKS BEST ON GOOGLE CHROME

PHOTO GALLERY

Calendar

About Us

NPMTC
Breaking News

The Skanner TV

Turn the pages

QR Code
 

Your Health